A RESOLUTION of the Board of Directors of Bainbridge Island School District
No. 303, Kitsap County, Washington, providing for the submission to the
qualified electors of the District at a special election to be held therein on
February 14, 2017, of a proposition authorizing a tax levy to be made annually
for four years in the amounts of $10,400,000 in 2017 for collection in 2018,
$10,600,000 in 2018 for collection in 2019, $10,800,000 in 2019 for
collection in 2020, and $11,000,000 in 2020 for collection in 2021, said
excess taxes to pay part of the cost of educational programs and operations
support of the District.

WHEREAS, Bainbridge Island School District No. 303 (the “District”), for the past three years has had in effect an educational programs and operations levy in order to enable the District to pay for its educational programs and services, including teaching, instructional support, school supplies, extracurricular activities, and transportation; and

WHEREAS, the current educational programs and operations levies expire this year; and

WHEREAS, the money to be paid into the General Fund of the District during the 2017-
2018, 2018-2019, 2019-2020, 2020-2021, and 2021-2022 school years will be insufficient to enable the District to pay for necessary programs and operations and to properly meet the educational needs of the students attending District schools; and

WHEREAS, in order to properly provide for such programs and operations and such educational needs, the Board of Directors of the District deems it necessary to levy the following taxes upon all of the taxable property within the District in excess of the maximum annual tax levy permitted by law to be levied within the District without a vote of the electors:

A tax of approximately $1.50 per thousand dollars of assessed valuation to provide $10,400,000, said levy to be made in 2017 for collection in 2018;

A tax of approximately $1.51 per thousand dollars of assessed valuation to provide $10,600,000, said levy to be made in 2018 for collection in 2019;

A tax of approximately $1.52 per thousand dollars of assessed valuation to provide $10,800,000, said levy to be made in 2019 for collection in 2020; and

A tax of approximately $1.54 per thousand dollars of assessed valuation to provide $11,000,000, said levy to be made in 2020 for collection in 2021.

WHEREAS, the Constitution and laws of the State of Washington require that the question of whether or not such excess taxes may be levied must be submitted to the qualified electors of the District for their ratification or rejection;

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF BAINBRIDGE ISLAND SCHOOL DISTRICT NO. 303, KITSAP COUNTY, WASHINGTON, as follows:

Section I. The following taxes for the District’s General Fund should be levied upon all of the taxable property within the District in excess of the maximum annual tax levy permitted by law to be levied within the District without a vote of the electors:

$10,400,000, said levy to be made in 2017 for collection in 2018;

$10,600,000, said levy to be made in 2018 for collection in 2019;

$10,800,000, said levy to be made in 2019 for collection in 2020; and

$11,000,000, said levy to be made in 2020 for collection in 2021.

The estimated levy rate depends upon the final dollar amount of assessed value of the property within the District. At this time, based upon information provided by the County Assessor’s office, the estimated levy rate for the 2017 levy is $1.50 per thousand dollars of assessed valuation, the estimated levy rate for the 2018 levy is $1.51 per thousand dollars of assessed valuation, the estimated levy rate for the 2019 levy is $1.52 per thousand dollars of assessed valuation, and the estimated levy rate for the 2020 levy is $1.54 per thousand dollars of assessed valluation. The exact levy rate shall be adjusted based upon the actual assessed value of the property within the District at the time of the levy. Upon approval by the voters of the proposition substantially in the form set forth below, the District may use the proceeds of said levies during the 2017-2018, 2018-2019, 2019-2020, 2020-2021 and 2021-2022 school years by incurring an indebtedness through the issuance of short term obligations against the General Fund of the District, as authorized by Chapter 39.50 RCW, or by expending the proceeds of said levies to pay such part of the general expenses of educational programs and operations of the District during such school years as may be authorized or allowed by law for the use of excess levy funds.

Section 2. It is hereby found and declared that the best interests of the District require the submission to the qualified electors of the District of the proposition of whether or not the District shall levy such excess tax for their ratification or rejection at a special election to be held therein on February 14, 2017.

The Kitsap County Auditor, as ex officio supervisor of elections in Kitsap County, Washington, is hereby requested to call and conduct said special election to be held within the District on said date and to submit to the qualified electors of the District the proposition substantially in the form hereinafter set forth.

The Secretary of the Board of Directors is hereby authorized and directed to certify said proposition substantially in the following form:

BAINBRIDGE ISLAND SCHOOL DISTRICT NO. 303

PROPOSITION NO. 1

RENEWAL OF EDUCATIONAL PROGRAMS AND OPERATIONS LEVY

The Board of Directors of Bainbridge Island School District No. 303 adopted
Resolution No. 1-16-17 concerning a replacement levy for educational programs
and operations. This proposition would re-authorize the continuation of levies to
support educational programs and services, including teaching, instructional
support, school supplies, extracurricular activities and transportation, and
authorizes the following excess levies to replace an expiring levy on all taxable
property within the District:

Section 3. The Secretary to the Board or his designee is authorized and directed to: (a) present a certified copy of this resolution to the Kitsap County Auditor, (b) approve changes to the ballot title, if any, deemed necessary by the Auditor or the Kitsap County Prosecuting Attorney, and (c) perform such other duties as are necessary or required by law to submit to the District’s voters at the aforesaid special election, for their approval or rejection, the proposition of whether the District shall levy annual excess property taxes to pay costs of the Projects. All actions of the District or its staff or officers taken prior to the effective date of this resolution and consistent with the objectives and terms of this resolution are ratified and confirmed.

ADOPTED by the Board of Directors of Bainbridge Island School District No. 303, Kitsap County, Washington, at a regular meeting thereof, held on the 10th day of November, 2016.

BAINBRIDGE ISLAND SCHOOL DISTRICT

NO. 303, KITSAP COUNTY, WASHINGTON

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President and Director

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Director

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Director

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Director

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Director

ATTEST:

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Secretary, Board of Directors

CERTIFICATE

I, the undersigned, Secretary of the Board of Directors of Bainbridge Island School District No. 303, Kitsap County, Washington, (the “District”) and keeper of the records of the Board of Directors (the “Board”), DO HEREBY CERTIFY:

That the attached resolution is a true and correct copy of Resolution No. 1-16-17 of the Board (the “Resolution”), duly adopted at a regular meeting thereof held on the 10th day ofNovember, 2016.

That said meeting was duly convened and held in all respects in accordance with law, and to the extent required by law, due and proper notice of such meeting was given; that a legal quorum was present throughout the meeting and a legally sufficient number of members of the Board voted in the proper manner for the adoption of the Resolution; that all other requirements and proceedings incident to the proper passage of the Resolution have been duly fulfilled, carried out and otherwise observed; and that I am authorized to execute this certificate.

IN WITNESS WHEREOF, I have hereunto set my hand this 10th day of November, 2016.

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Secretary, Board of Directors

OFFICIAL BALLOT

BAINBRIDGE ISLAND SCHOOL DISTRICT NO. 303

KITSAP COUNTY, WASHINGTON

February 14, 2017

INSTRUCTIONS TO VOTERS: To vote in favor of the following proposition, place a cross (x) in the square opposite the words “YES”; to vote against the following proposition, place a cross (X) in the square opposite the words “NO.”

BAINBRIDGE ISLAND SCHOOL DISTRICT NO. 303

PROPOSITION NO. 1

RENEWAL OF EDUCATIONAL PROGRAMS AND OPERATIONS LEVY

The Board of Directors of Bainbridge Island School District No. 303 adopted
Resolution No. 1-16-17 concerning a replacement levy for educational programs
and operations. This proposition would re-authorize the continuation of levies to
support educational programs and services, including teaching, instructional
support, school supplies, extracurricular activities and transportation, and
authorizes the following excess levies to replace an expiring levy on all taxable
property within the District:

NOTICE IS HEREBY GIVEN that on February 14, 2017, a special election will be held in the above-named school district for the submission to the qualified electors of said school district of the following proposition:

BAINBRIDGE ISLAND SCHOOL DISTRICT NO. 303

PROPOSITION NO. 1

RENEWAL OF EDUCATIONAL PROGRAMS AND OPERATIONS LEVY

The Board of Directors of Bainbridge Island School District No. 303 adopted
Resolution No. 1-16-17 concerning a replacement levy for educational programs
and operations. This proposition would re-authorize the continuation of levies to
support educational programs and services, including teaching, instructional
support, school supplies, extracurricular activities and transportation, and
authorizes the following excess levies to replace an expiring levy on all taxable
property within the District:

WHEREAS, the undersigned, as the duly elected, qualified and acting Auditor of Kitsap County, Washington, has jurisdiction of and is required by law to conduct all special elections for school districts within the County; and

WHEREAS, Bainbridge Island School District No. 303, Kitsap County, Washington, lies entirely within the boundaries of Kitsap County; and

WHEREAS, the Board of Directors of said district by resolution adopted on November 10, 2016, a certified copy of which has been delivered to the undersigned, has requested the holding of a special election February 14, 2017; and

WHEREAS, said district by said resolution has authorized and directed the undersigned to assume jurisdiction of and conduct said special election within Kitsap County;

NOW, THEREFORE, it is hereby authorized and ordered as follows:

The undersigned does hereby assume jurisdiction within Kitsap County of the above-mentioned special election of Bainbridge Island School District No. 303, Kitsap County, Washington, authorized and ordered by resolution of its Board of Directors adopted on November 10, 2016, and will conduct said special election to be held on February 14, 2017.